|
<br />S'1'A'fI; /tA' Nl,'tiRAShA, County ot ......................................................:
<br />Filed for record aced catered in Numerical Index on
<br />................................................................ at ................ o'clock ................ i1I.,
<br />and retarded in Mortgage Record ......................... Page ........................
<br />.............................................. Fty ............................................................ 82"'0Q4875
<br />County Clerk or Deputy County Clerk or
<br />Register of Deeds Deputy Register of Deeds
<br />-REAL PROPERTY MORTGAGE
<br />Jack L. and Lee B. Franssen, husband & bcrein culled the nrortgngor whether one or more,
<br />wife
<br />in consideration of Twenty thousand nine hundred forty four and 50/100 Dollars ($20944.50).
<br />received from mortgagee, does mortgage to the City o£ Grand Island, Nebraska,
<br />a Municipal. Corooratien, the followint; descrit?ed real estate to-wit:
<br />A certain part cf the Southeast Quarter (SE's) of~Section One (1), Township Eleven (11) North,
<br />Range Ten (10) West of the 6th P.M., Hall County, Nebraska,more particularly described as
<br />follows: Commencing at a point on the East line of the Southeast Quarter {SEA) of -said
<br />Section One (1), which point is 412,5 feet North of the Southeast corner of the Southeast
<br />Quarter (SE's) of said Section One (1), running thence North along and upon Che East line of
<br />the Southeast Qttarter {SE 4) of said Section One (1}, 82.5 feet; rtmning thence West and parallel
<br />to the-South line of the Southeast quarter (SE's) of said Section One (1), 246.0 feet; running
<br />hhence South and paral~ltel to the-East line of ththhe Southeast Quartehr~~SE~ of SDauiad Secti~SOn a (I)
<br />~2-.5 feet; Arrtt~tt~egmoc~gagorE~~ets ~teael~y rcol enanttOVitHetl a°mortgegee a°nd wt'~Cx°mor'igagee's bells end-E~~of
<br />assigns that mortgagor is lawfully seised of said premises, that they nre free from encumbrance, that ~
<br />mortgagor has good right -and lawful authority to convey the same, and that mortgagor warrants xnd a
<br />will defend the title to said premises against the lawful claims of al] persons whomsoever. ~
<br />This mortgage is given to secure the payment of the promissory note of this date made by ~
<br />mortgagor fur :~ 20,444.50 payable, in accordance faith =aid note. w
<br />:liartgag+u shall }ray alt taxra and assessments leried upon said real property and all other taxes
<br />L:vicd on this mortgage rir the note which this mortgage is given to secure before the same become delie-
<br />-yuent nrl shalt maiutuin fire, •n~iudstorm and extended cuveraKc insurance with a mortgage clause on
<br />tl:e buikliugx on said premises i^ the sum of r if rnortgagar fails fo pay ouch tuxes
<br />and assessments r~r procure such insurance, nrortgager may pay such taxes and purchasa such insurance
<br />a¢d the amount so advanced with interest :rt nirx• percent prr nnnrun shall be secured by this :mortgage.
<br />In r.rse of default iu the payment of the principal mum ur any urstalburnt thereof or ~f an,y interest
<br />thumou when the sawe shall become due ~~; in cave of the non-payment of any taxes or assessments or of
<br />tl:e failure to maintain insurance as herein provided, mortgagee may at the option of mortgagee, with-
<br />out°notiee, at any time dururg the continuance of such default or breach, declare the whole debt secured
<br />by this mortgage to be immediately due aril payable and may foreclose this mortgage.
<br />In the event of default in the performauec of any of the terms and conditions of this mortgage or
<br />the cote secured by it, the mortgagee :haft Ire entitled to iaunedixtc possession of the property above de-
<br />scribed and all the rents, revenue and incmne derived titendrmu during such time as the mortgage in-
<br />debtedness remains unpaid shall be applied by the mortgagee to the payment of the note and all other
<br />sums secured hereby after decbtctimr of any necessary costs of collection.
<br />Dated September 22, 19 82
<br />-'l
<br />~>
<br />'`" f
<br />~ .~~ ~ ~ ,~
<br />.....~ .........?~2:.a..P2..~..E".~Ir.S...c::.........
<br />STATF. OF NL+'ftRASK:1, t'auuty of ...............HALL
<br />I3o-Mira s,e, a notary pubSie analified_ for eai,l corurfy, personally rumr~
<br />Jack L. and Lee B. Franssen, husband and wife
<br />known to me to be the identical person or persons ~~°ho signed the
<br />foregoing insintrnent and- nrknowledged the execution thereof to be his,
<br />her ar their volnntarv set and deed.
<br />g~tgtAy rOtMl!r -i~na d MMrlrit
<br />tDRENAE N-SHC ~i*ifnez~ my haecti and uotarinl seal on ...,.$~P.tpm}ler... '~ , s X82
<br />.........................
<br />. - ety Gan+a-1gs tlo6 fti i9it1
<br />.,-.,~ >
<br />~.,.r:..,aa.:, ... ...z~d;.,f ............. Notary F ulslrc
<br />'may r:,;n~siseion asyirts . _ - - - -- .. __........._..._...~. 19 _.._._.._.
<br />E"o€m `La _ ngt.rav-4~i tr,v ~i,•itra~i~a `mot+ai•~ 1la~r ~1>ew«,ca.rti+rn rr~, a sera ta,, ta.wm. a~w.
<br />
|